Market Outlook for 17th April, 2012

Nifty Future:

Resistance around 5300 and crossover of 5305, it will move to 5356 – 5390

Support around 5218 and breaking 5212, it will fall to 5160 – 5127

Stock Future:

Buy Dr reddy above 1763 with Stop at 1749. TGT 1793 – 1813

Buy Jubl Food above 1176 with Stop at 1164. TGT 1200 – 1216

Good Luck !!

C T Ramesh Raja